Xylenes mixed xylenes US Transcript

The ICIS US mixed xylenes (MX) report is used by some majors as a benchmark in the aromatics petrochemicals sector. This is important because many companies trust ICIS and how we assess the market.

They can pretty much put their business in our hands because they base how we do business off one simple contract number that we publish.

The report can affect the outlook they have for a month, a quarter or even an entire year.

The US Gulf (USG) report for mixed xylenes also includes a monthly contract price and a weekly spot price which is used on a free on board (FOB) basis. What goes into this report besides spot prices and contract prices is the content that we have. It could be news content. It could be production content as well.

The people that buy this report are generally producers, it could also be financial companies, it could also be traders or brokers. It really depends on the need that we server for them which is accuracy and accurate price reporting.

We also cover all the bases when it comes to production and shipping movements, when it comes to where xylene is going and where xylene is coming from.

Mixed xylene is typically active, it’s really as active as benzene, and toluene can be, but it also goes through its slow times. Typically it is a very active market, it can also influence other markets like benzene and toluene in terms of demand and in terms of what is going on upstream, when it comes to gasoline and crude production.

You should buy this report really because of its accuracy. This report has been around ICIS really from the start, one of the key products that we cover in aromatics and its one of those reliable reports that people come to know, people come to trust when it comes to ICIS.

Our products

Regional overview

Price reporting

Price history

Methodology

Our products

Xylenes-Mixed xylenes news and market information products from ICIS

We offer the following regional Xylenes-Mixed xylenes coverage to keep you informed of factors and developments affecting prices in the US Xylenes-Mixed xylenes marketplace.

Price reporting

Price Reporting – More information about the price reports we publish on Xylenes-Mixed xylenes

News & analysis

Regional overview

Regional overview

US paraxylene (PX) contract prices fell in the 2014 first quarter while orthoxylene (OX) contract prices declined at the start then held steady for the rest of the quarter. Asia pricing and steady to soft US mixed xylenes (MX) prices drove PX and OX pricing.

PX contracts fell to 63.50 cents/lb ($1,400/tonne) DEL in March from 69.75 cents/lb DEL in January. OX contracts held steady at 58.50 cents/lb FOB in March after coming down from 60.00 cents/lb FOB in January.

PX in February was only partially settled, as a few market participants did not agree a 4.25-cent/lb drop in the contract price from January. Market sources said that PX US contract prices dropped to bring them closer to spot prices levels in Asia PX.

Because the PX Asian Contract Price (ACP) failed to settle in February and March, US players looked to Asia PX spot price trends for price direction. The monthly US PX contract price typically follows price movement in the PX ACP.

US OX players, meanwhile, typically look at price trends in US MX on which they base OX contracting pricing. OX comes out of the refining process with MX and is typically affected by its price movement, as well as the movement of toluene and benzene that also come out of the gasoline stream.

Price reporting

Price reporting

ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Xylenes-Mixed xylenes.

We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.

Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.

ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.

Editor

Price history

Price history

ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Xylenes-Mixed xylenes. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.

Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.

Methodology

ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.

Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.

Over 25 years of reporting on key chemicals markets, including Xylenes-Mixed xylenes, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.

Xylenes Methodology

Xylenes are produced, along with benzene and toluene, from a reformer after running naphtha through an ethylene cracker.